DYNAMICS OF REGIONAL INTEGRATION IN SOUTH ASIA: LESSONS FROM THE EUROPEAN UNION

Abstract

Regional integration is aimed at promoting socioeconomic growth and development in a region through economic cooperation among the member states. The European Union (EU) was established to promote economic and political cooperation among member countries. EU’s unprecedented success in regional integration offers lessons for other regions. Unlike the EU, SAARC has not been successful in achieving significant economic integration among member states. Despite its potential, SAARC has been plagued by political and economic differences among member states, especially between Pakistan and India. South Asian countries are unable to boost regional integration not only because of their political differences but also due to other sub-regional and trans-regional initiatives that run anti to the spirit of regional integration under the umbrella of SAARC. India’s role towards regional integration in South Asia is considered significant being the leading nation in the region. This paper first identifies the economic and political factors that hinder regional integration in South Asia. Then, it focuses on the dynamics of successful regional integration in Europe intending to underline the lessons to be learned by the South Asian countries to boost their regional cooperation.

Bibliography Entry

Niaz, Muhammad Tariq and Muhammad Riaz Shad. 2023. "Dynamics of Regional Integration in South Asia: Lessons from the European Union." Margalla Papers 27 (2): 85-101.